Examlex
Explain what is meant by sensitivity analysis in budgeting, and discuss how managers might use sensitivity analysis in practice.
Entrepreneur
An individual or a group who creates something new—a new idea, a new item or product, a new institution, a new market, a new set of possibilities.
Manually
Performing a task or operation by hand, without the use of automated systems or technology.
Entrepreneurial Experimentation
The act of trying out new ideas, products, or business models to learn and adapt in an entrepreneurial context, often involving risks.
Fear of Failure
The apprehension of falling short of one’s goals, which can deter individuals from taking risks or pursuing certain opportunities.
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